New business owners have many goals when they start out. This includes speedy growth and recognition for their fledgling business. But overnight success is often not the standard. There is no special “special sauce” to add to the recipe for instant results, and nothing is guaranteed.

Tips for accelerating growth

Hire the right people

With a small business looking to grow, it’s important to have the right players at the table. They have to be people who aren’t afraid to roll up their sleeves.

Focus on established revenue

You need to stream instead of trying to acquire new customers. Focus your attention on the core customers you already have. You can do this by implementing a referral or loyalty program, or trying marketing strategies based on past buying behavior to encourage repeat business.